Securities ETF is an index fund that invests in a basket of securities companies. All listed securities companies in the A-share market compile a brokerage index through weighted average algorithm, but because the index can't be purchased directly, the fund company has issued a brokerage ETF, which has an independent market trend and is consistent with the index trend. Therefore, the significance of brokerage ETF is to track the trading open-end fund of securities company index.

"Broker" refers to a company or securities company engaged in securities trading. There are CITIC, CITIC Jiantou, Shen Yin Wanguo, Qilu, Yinhe, Huatai, Guo Xin and Guangfa in China. In fact, it is the agent of Shanghai Stock Exchange and Shenzhen Stock Exchange.

There are 106 securities companies in the whole country, of which 20 entered the ranks of AA-level securities firms in 20 14. The 20 brokers who obtained AA-level securities include: Jing Gaohua, Huaxi Securities, orient securities, Shen Yin Wanguo, Guangfa Securities, Southwest Securities, Guo Jin Securities, Industrial Securities, CDB Securities, Galaxy Securities and Guotai Junan. Many of these companies are on the AA rating list for the first time. It is worth noting that no brokerage firm was rated as the highest AAA, and no brokerage firm was rated as a D or E company.

It is reported that securities companies are divided into five categories: A(AAA, AA, A), B(BBB, BB, B), C(CCC, CC, C), D and E, and the level is 1 1. Companies at all levels in categories A, B and C are normal operating companies, and the division of their categories and levels only reflects the relative level of their risk management capabilities in the industry. D and E companies are companies whose potential risks may exceed the company's tolerable range and take risk disposal measures according to law.

Securities etf refers to the trading open index fund issued by securities companies. Securities etf is highly correlated with market conditions, with average performance in bear market and strong periodicity in bull market. Its main target customers are retail investors and fund institutions.

The most prominent feature of brokers is that they are highly correlated with market conditions. Bear market is general, and bull market is a blockbuster. As the saying goes, it is not open for three years, and it is very cyclical.

CSI is a major index compiling company in China, and there will be many indexes related to securities. Further research will be the compilation method of index, sample coupon list and tracked products. There will be many products on the market, such as securities ETF. What is the difference between these ETFs?

From the root, it is still necessary to understand the differences in the compilation methods of ETF-tracked indexes. The specific method is to find the tracked index in the introduction materials of funds and ETFs, and then go to the corresponding index companies (CSI, CSI, MSCI, S&; P and so on. ) find an index compilation method. Only in this way can we find an ETF that suits us.

If you just want to be a market hotspot and a band, you can directly trade the largest (usually the most active) ETF in the industry.